The Benefits of a Prenuptial Agreement

March 11, 2016
By
Smith Law Offices, LLC

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Most people often avoid the topic of a prenuptial agreement prior to marriage.
It’s not romantic to discuss your property, finances and the possibility
of divorce. Perhaps, the timing isn’t right to start thinking about
these kinds of things. However, it is an important decision to consider.

Benefits of a prenuptial agreement include the following:

Reduce conflicts and save money if divorce occurs

Addresses the financial aspects of marriage regarding decision-making and
responsibilities in advance

Defines what property is considered marital or community property

Protect the inheritance rights of children and grandchildren from a previous marriage

If you have your own business, you are able to protect it from being part
of property and asset division upon divorce

If one spouse has substantially more debt than the other, a prenuptial
agreement can protect the debt-free spouse from being obligated to share the debt

Protects the financial interests of older persons, persons of substantial
wealth and persons entering a second or subsequent marriage

While people often assume negotiating a prenuptial agreement results in
conflict, having discussions about money matters promotes good, rational
communication in your marriage. Addressing these concerns early can eradicate
misunderstandings which might occur in the future.

For more information about prenuptial agreements in Missouri,
contact our St. Charles divorce attorney to schedule your consultation. Our legal services are available in English,
French, Spanish and Russian.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.